VANTOMME & ZN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VANTOMME & ZN
Largest movements
- Cash +€59,284
up €59,284 (+526%), from €11,275 to €70,559
mainly Depreciation (+€30,875) and Net result for the year (+€23,800)
- Receivables within one year -€20,511
down €20,511 (-60.5%), from €33,924 to €13,412
of which Trade receivables: -€17,264
- Tangible fixed assets -€13,463
down €13,463 (-2.0%), from €685,730 to €672,267
of which Other tangible fixed assets: -€11,206
- Debts after one year +€16,470
up €16,470 (+5.1%), from €322,264 to €338,735
- Reserves +€8,100
up €8,100 (+6.1%), from €133,133 to €141,233
of which Distributable reserves: +€8,100
- Gross operating margin -€38,525
down €38,525 (-36.5%), from €105,644 to €67,119
- Depreciation -€31,535
down €31,535 (-50.5%), from €62,410 to €30,875
- Taxes -€3,804
down €3,804 (-49.2%), from €7,731 to €3,927
- Financial charges +€1,175
up €1,175 (+291%), from €403 to €1,578
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €733,191 | €758,628 | +€25,437 | +3.5% |
| Fixed assets | 21/28 | €685,730 | €672,267 | -€13,463 | -2.0% |
| Tangible fixed assets | 22/27 | €685,730 | €672,267 | -€13,463 | -2.0% |
| Plant, machinery and equipment | 23 | €5,765 | €3,982 | -€1,783 | -30.9% |
| Furniture and vehicles | 24 | €1,218 | €743 | -€474 | -39.0% |
| Other tangible fixed assets | 26 | €678,747 | €667,541 | -€11,206 | -1.7% |
| Current assets | 29/58 | €47,461 | €86,361 | +€38,900 | +82.0% |
| Amounts receivable within one year | 40/41 | €33,924 | €13,412 | -€20,511 | -60.5% |
| Trade receivables | 40 | €24,586 | €7,322 | -€17,264 | -70.2% |
| Other amounts receivable | 41 | €9,338 | €6,090 | -€3,248 | -34.8% |
| Cash at bank and in hand | 54/58 | €11,275 | €70,559 | +€59,284 | +526% |
| Deferred charges and accrued income | 490/1 | €2,262 | €2,390 | +€127 | +5.6% |
| Total equity and liabilities | 10/49 | €733,191 | €758,628 | +€25,437 | +3.5% |
| Equity | 10/15 | €260,237 | €268,337 | +€8,100 | +3.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €133,133 | €141,233 | +€8,100 | +6.1% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €113,133 | €121,233 | +€8,100 | +7.2% |
| Profit (loss) carried forward | 14 | €2,104 | €2,104 | = | 0.0% |
| Amounts payable | 17/49 | €472,955 | €490,291 | +€17,337 | +3.7% |
| Amounts payable after more than one year | 17 | €322,264 | €338,735 | +€16,470 | +5.1% |
| Other amounts payable | 178/9 | €322,264 | €338,735 | +€16,470 | +5.1% |
| Amounts payable within one year | 42/48 | €150,443 | €150,295 | -€147 | -0.1% |
| Trade debts | 44 | €4,578 | €5,145 | +€566 | +12.4% |
| Suppliers | 440/4 | €4,578 | €5,145 | +€566 | +12.4% |
| Taxes, remuneration and social security | 45 | €9,864 | €3,203 | -€6,661 | -67.5% |
| Taxes | 450/3 | €9,864 | €3,203 | -€6,661 | -67.5% |
| Other amounts payable | 47/48 | €136,000 | €141,948 | +€5,948 | +4.4% |
| Accrued charges and deferred income | 492/3 | €248 | €1,261 | +€1,013 | +409% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,410 | €30,875 | -€31,535 | -50.5% |
| Other operating charges | 640/8 | €7,979 | €6,939 | -€1,041 | -13.0% |
| Gross operating margin | 9900 | €105,644 | €67,119 | -€38,525 | -36.5% |
| Operating profit (loss) | 9901 | €35,255 | €29,305 | -€5,949 | -16.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €403 | €1,578 | +€1,175 | +291% |
| Recurring financial charges | 65 | €403 | €1,578 | +€1,175 | +291% |
| Profit (loss) for the period before taxes | 9903 | €34,856 | €27,727 | -€7,129 | -20.5% |
| Income taxes | 67/77 | €7,731 | €3,927 | -€3,804 | -49.2% |
| Profit (loss) for the period | 9904 | €27,125 | €23,800 | -€3,325 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,125 | €23,800 | -€3,325 | -12.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.